228 West Dilido LLC Purchases Land On Biscayne Bay From Charles Holzer For $17.88M

A vacant double-lot land property located at 228 & 302 West Dilido Drive in Miami Beach has been sold for $17,880,000. The combined square footage of the land is 21,000, translating to a price per square foot of $851. The land is situated on Biscayne Bay and includes approved plans for either one 11,000 square foot home or two 5,500 square foot homes.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $17,880,000
• Buyer: 228 West Dilido LLC
• Seller: Charles Holzer - Worth Capital Holdings
• Broker: Dora Puig - Luxe Living Realty
• Lender: Asset Recovery Management
• Square Footage: 21,000
• Price Per Square Foot: $851

The transaction involved key individuals such as the buyer represented by 228 West Dilido LLC and the seller Charles Holzer, who is affiliated with Worth Capital Holdings. The broker for the deal was Dora Puig from Luxe Living Realty, while financing was secured through a loan from Asset Recovery Management.